Key facts

UNE unit code: ECON576

*You are viewing the 2024 version of this unit which may be subject to change in future.

Start
  • Trimester 2 - On Campus
  • Trimester 2 - Online
Campus
  • Armidale Campus
24/7 online support
  • Yes
Intensive schools
  • No
Supervised exam
  • Yes
Credit points
  • 6

Unit information

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Advance your understanding of econometric models and learn to confidently use these tools in your economic, business or finance research projects.

This practical unit will equip you with the skills you need to appropriately apply econometric methods by using instrumental variables, panel models, time series models and discrete choices models.

Topics include regression with endogenous variables, fixed-effects/random-effects models, simultaneous equations models, ARCH/GARCH models, non-stationary methods and Probit/Logit/Tobit models.

Using real-world examples drawn from both microeconomics and macroeconomics, you will gain insights into when and how particular techniques are used. You will also gain practical experience using an econometrics software package to solve problems and exercises.

Offerings

For further information about UNE's teaching periods, please go to Principal Dates.

Teaching period
Mode/location
Trimester 2On Campus, Armidale Campus
Trimester 2Online

*Offering is subject to availability

Intensive schools

There are no intensive schools required for this unit.

Enrolment rules

Pre-requisites
ECON271 or ECON371 or candidature in a postgraduate award
Restrictions
ARE314 or ARE414 or ECON376 or EMET266 or EMET366 or EMET466 or ECON476
Combined units

Notes

offered in odd-numbered years

Please refer to the student handbook for current details on this unit.

Unit coordinator(s)

Nam Hoang

Learning outcomes

Upon completion of this unit, students will be able to:

  1. demonstrate a professional understanding of econometric techniques used for the estimation of simultaneous equations;
  2. demonstrate a professional understanding of econometric techniques used for the estimation of panel models, time series models and discrete choice models;
  3. critically assess the role of computers in the estimation of systems of equations, panel models, time series models and discrete choice models;
  4. examine and demonstrate an expert understanding of the limitations and potential uses of econometric techniques in the analysis of economic behaviour; and
  5. conduct research into an economic/finance project applying econometric models.

Assessment information

Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

TitleMust CompleteWeightOfferingsAssessment Notes
Assignment 1Yes20%All offerings

The assignment is problem-based, requiring students to interpret data and equation models, and complete computer exercises.

Assignment 2Yes20%All offerings

The assignment is problem-based, requiring students to interpret data and equation models, and complete computer exercises.

Final ExaminationYes60%All offerings

Students must obtain at least 40% in the final exam and 50% overall to receive a pass (or better) in the unit.

Learning resources

Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

Principles of Econometrics

ISBN: 9781118452271

Carter Hill, R., Griffiths, W. E. and Lim, G. C., Wiley 5th ed. 2019

Text refers to: All offerings

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